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Cprstrategy

CPR - Central Pivot Range Trading ConceptThe Central Pivot Range (CPR) is absolutely, without a doubt, the most powerful part of the Floor Pivots indicator. It has three lines, Upper line is called "TC", lower line is called "BC" and the Middle line is the "PP-Pivot Point" Formula to Calculate CPR : TC = (Pivot - BC) + Pivot Pivot = (High + Low + Close)!3 BC = (High + Low)/2 At any given time, the range can be support or resistance, it can forecast trending or sideways price behavior, dictate the day's direction, or serve as an integral part of a trend. By seeing the gap/width between TC & BC we will be able to know how the session is going to be i.e "Trending / Sideways". If the Gap is very Narrow we can expect Trending market either side. If the Gap is wide that particular session will Volatile / Rangebound market. There are 7 CPR - Two day relationship concepts available which will indicate you the next day trend direction. (Comparing the Current session CPR with Previous Session CPR where the three lines are formed and its relationship.) Higher Value = Bullish Overlapping Higher Value = Moderately Bullish Lower Value = Bearish Overlapping Lower Value = Moderately Bearish Unchanged value = Sideways / Breakout Outside Value = Sideways Happy Trading, Follow me for more updates, education details, concepts and ideas.
NSE:NIFTYEducation
by ViVenTraders
7
BankNifty Pivot Points and Important Levels for 23rd September.On 22nd September, BankNifty had the following: Open - 37277.10 High - 37328.60 Low - 36885.60 Close - 36994.65 So, likewise the market had quite a wide CPR, as a result of which, the market was mostly fluctuating sideways. No proper trends either ways, which resulted in SL hits for both buyers and sellers. For 23rd September: R1 - 37258.63 R2 - 37512.61 Top CPR - 37107.1 Pivot Point - 37069.61 Bottom CPR - 37032.13 S1 - 36810.63 S2 - 36626.61 So, on 23rd we will have a slightly narrower CPR, meaning a trending day. Price can easily open above or below the CPR and start trending either upwards or downwards. Buy CE - Only when price is above Top CPR. R1 & R2 will be the possible Take-Profit targets. Buy PE - Only when price is below Bottom CPR. S1 & S2 will be possible Take-Profit targets. Note: Calls are just suggestions, not absolutes, market can be hugely indifferent on the particular day. Don't take it as financial advice. The aforementioned pivot points are absolute. Calculated by Classic Technique, it will remain constant in any timeframe. I am providing these pivots and important levels, so that you can employ these and make your trading strategy the day before.
NSE:BANKNIFTY
by sm1th19
Nifty Trading plan - 27th July Summary ► DTF is in area with "Bearish Doji", which infers "sellers being dominant" bias". ► Pivot analysis infers sideways/breakout bias. But, ADR is pretty high hence, big whipsaws are possible, but one sided moves are of low probability. ► CPR is in "UNCHANGED VALUE" relationship, which suggests breakout or sideways tomorrow. ► Support levels 15735/15700 ► Resistance levels 15895/15941. ► FII sold 2376 crores, second highest in this month. So, below point is kind of getting true. ► I am repeating what I said on 14th July. " Market in DTF market is moving sideways which infers STAGE 3 as per Stan Weinstein methodology, which means all big folks are selling their shares to retail folks hence, expect correction". ► I may think of creating a strategy to go short on positional in INDEX with proper hedge. This is just a plan and not in motion yet. ********************************************************************************** Trading Plan 1. Any bullish PA above 15908 is stop of 15887 and target of 15941. (Scalp) 2. Any bullish PA above 15946 is stop of 15923 and target of 15991. 3. Any bearish PA below 15825 is stop of 15847 and target of 15799. (Scalp) 4. Aggressive short below 15807 is short with stop of 15822 and target of 15756. Two rules that I follow religiously while trading ► Don’t trade until 9:30, unless it’s a trending day. ► Once you Reach 1:1 RR ratio move u SL to cost and book 50% if you are conservative trader. This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise. Bonne chance!! @Sacredmonkey.
NSE:NIFTYShort
by FoxstoxWealth
HINDUNILVER - Trading plan 27th JulySummary ► DTF is in area with "Bearish Hammer", which infers "sellers being dominant" bias". ► Pivot analysis infers TRENDING DAY bias and ADR is below 0.50 which suggests high probability of TREND DAY. ► CPR has "narrow range LV" relationship, which suggests breakout tomorrow. ► Support levels 2332/2319 ► Resistance levels 2371/2356. ********************************************************************************** Trading Plan 1. Any bullish PA above 2350.75 is stop of 2345.50 and target of 2359. (Scalp) 2. Any bullish PA above 2356.65 is stop of 2350.75 and target of 2370. 3. Any bearish PA below 2351 is stop of 2361 and target of 2340. (Scalp) 4. Aggressive short below 2345 is short with stop of 2353 and target of 2331. Two rules that I follow religiously while trading ► Don’t trade until 9:30, unless it’s a trending day. ► Once you Reach 1:1 RR ratio move u SL to cost and book 50% if you are conservative trader. This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise. Bonne chance!! @Sacredmonkey.
NSE:HINDUNILVRShort
by FoxstoxWealth
Nifty Trading plan - 26th July Summary ► HTF is in uncharted area with "Pin bar", which infers "highly negative" bias". ► I believe sellers are still dominant. Nifty heavyweights Reliance and ICICI earnings are mixed, hence be cautious. ► I am repeating what I said on 14th July. " Market in DTF market is moving sideways which infers STAGE 3 as per Stan Weinstein methodology, which means all big folks are selling their shares to retail folks hence, expect correction". ► Another thing I noticed is large caps are on downward trend while small caps are in uptrend, which is not a good sign. ► Pivot analysis infers TRENDING DAY bias. But, ADR is pretty high hence, big whipsaws are possible, but one sided moves are of low probability. ► During these kind of market ensure to trade at "KEY LEVELS" only. ► Support levels 15735/15700 ► Resistance levels 15895/15941. ********************************************************************************** Trading Plan 1. Any bullish PA above 15851 is stop of 15833 and target of 15898. 2. Any bullish PA above 15882 is stop of 15864 and target of 15903. (Scalp) 3. Any bullish PA above 15924 is stop of 15903 and target of 15965. 4. Any bearish PA below 15829 is stop of 15851 and target of 15806. (Scalp) 5. Aggressive short below 15772 is short with stop of 15794 and target of 15733. Please let me know if everyday trading plan is working or not for you, by leaving a comment on comments section or personal message and also, please share your honest feedback. I am also sharing my google sheet with all the traded plans till date and its returns in a google sheet link below. Hope this inspires confidence in you to manage your trade well. Link - docs.google.com Lastly, am held up usually in personal commitments hence, I may be off a few days. But, if you really like my work and use it everyday let me know, I will publish it by squeezing sometime of my busy schedule. This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise. Bonne chance!! @Sacredmonkey
NSE:NIFTYShort
by FoxstoxWealth
2
NIfty Blueprint - June 14th 2021******************************************************************* NIFTY SPOT- Blue Print for 14 -Jun-2021 ******************************************************************* Market Structure/Trend Analysis/Chart Pattern. l Chart Pattern - Higher High structure l DTF Pivot Trend - Higher High Structure l WTF Pivot Trend - Higher High Structure l MTF Pivot trend - Higher High Structure l DTF Price Action - Doji Daily Pivots Analysis. l Weekly Pivot - Pending l Daily Pivot - Higher value Relationship - Trending day l Pivot Width Analysis - Trending day - 0.03 l Average Daily range - Trending day - 85 l GPZ - No GPZ Option Chain Analysis l Open interest - 15800/15700 are major SZ and 15800/16000 are major RZ . Calls and puts both have increased at same rate. l PCR (Contrarian) - 1.01 - Bullish l FII Option data - Bearish l FII Futures data - Mild negative. l FII Stock data - Mild positive. Summary l HTF trend is still bullish but, there is a DOJI again which means, will need confirmation on Monday on direction. So, wait and watch before taking trade. l Pivot analysis infers bullish bias and will be a very high probable trending day. If nifty breaks CPR then, there will be very high chances of market breaking trend and again forming lower high structure. Watch out for 15800/15750 levels for support and 15850 for key resistance zone. l Option chain analysis also infers inconclusive bias. Since, both buyers and sellers are of same strength with very slight advantage to BEARS. WAIT & WATCH before taking trade for direction. VERDICT WAIT & Watch to infer direction. Market will trend but, direction is still not conclusive. Bears have slight advantage, but not with conviction and same can be determined by opening print. Personally though I AM BULLISH, carrying long positions in multiple nifty 50 stocks. ( not a recommendation) ********************************************************************************** Step 1 - Strategies to be deployed - l Open drive rejection l PPT. l CPRRVL Step 2 - Trading Plan 1. Any bullish PA at 15790/800 levels is a long with stop of 15780 and target of 15830. 2. Any bullish PA at 15750/30 is long with stop of 15700 and target of 15800 3. Aggressive longs above 15850 only with stop of 15825 and target of 15880. 4. Any bearish PA below 15770 is a short with stop of 15790 and target of 15730 5. Any bearish PA below 15840 is a short with stop of 15860 and target of 15800. 6. Aggressive shorts below 15730 with stop of 15760 and target of 15670. Have a nice day!! @SacredMonkey
NSE:NIFTYLong
by FoxstoxWealth
Nifty Trading plan - 21st JuneSummary l HTF trend is turning BEARISH and there is a INVERTED Hammer in DTF and WTF which means, market looks bearish. However, MTF candle is DOJI. So, if this also shows weakness by month end. I think, we will look at beginning of downtrend which means we can go sideways and lot of whiplashes can be seen. l Pivot analysis infers bearish bias and will be a sideways/trading range day. VERDICT l Market looks bearish to sideways and any weakness is an opportunity to sell. l 15750/800 will be key levels to watch for selling and support at 15550/15600. l Fade the edges and book quick profits, since its "sideways day". ********************************************************************************** Step 1 - Strategies to be deployed - l Open drive rejection l PPT. l Evening star. l RCR l CPRRVL Step 2 - Trading Plan 1. Any bullish PA above 15630 level is a long with stop of 15605 and target of 15683. 2. Any bullish PA at 15600 is long with stop of 15570 and target of 156340. 3. Aggressive longs above 15768 only with stop of 15747 and target of 15822. 4. Any bearish PA below 15760 is a short with stop of 15777 and target of 15700. 5. Any bearish PA below 15597 is a short with stop of 15625 and target of 15561. 6. Aggressive shorts below 15448 with stop of 15502 and target of 15414. Personally, I may even sell a straddle if there is no big candle/movement by 9:50am. keep your position size in control. This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise. Have a nice day!! @Mockingbanana
NSE:NIFTY
by FoxstoxWealth
NIFTY & BANKNIFTY TRADE PLAN for Monday - 5th AprilHello All, Please watch this video completely where I have clearly mentioned the possible Entry and exit levels for both NIFTY and BANK NIFTY for Monday as well as for the following days till next week expiry. Further to get these accurate levels, you can subscribe o my Indicator and follow the levels it plots. For live guidance you can join my daily live session during market hours on my channel PIVOT EDGE. If you like my analysis and also the Indicators that I have published, you can press like button and follow me on Trading view. Happy trading. Mohan
NSE:NIFTYLong
by rvmohankumar
2